Post
Topic
Board Bitcoin Discussion
Re: Incredible stories of Bitcoin millionaires
by
odolvlobo
on 01/08/2016, 20:22:03 UTC
I was looking at https://blockchain.info/address/1Fd8RuZqJNG4v56rPD1v6rgYptwnHeJRWs Stefan Molyneux's bitcoin adress :
Final Balance   521.24590891 BTC

He accumulated quite a lot of bitcoins through donations, it will eventually buy a lot in a few years and it is incredible. Do you have other stories of people accumulating large amount of bitcoins without investing any fiat ?

521 BTC is currently worth about $320,000, and not $1 million.

"without investing any fiat" makes no sense to me because you can trade BTC for fiat at any time.  Stefan Molyneux currently has $320,000 worth of fiat invested in BTC. Where the $320,000 came from makes no difference. He is investing $320,000 in BTC.